Answer / neetu singh

tangible assets means assets which can be seen or touched.
For example - building, machines etc.
In the same way intangible assets means assetsa which can
not be seen or touched.
For example - Goodwill.

Answer / rajesh

Tangable assets are those assets which can be see and touch.
EX: machinery, building.

Intangable assets are those assets which cannot be see and
touch. EX: Goodwill, patient rights

Answer / raj torane

Tangable assets are those assets which can be see and touch.
EX: factory.

Intangable assets are those assets which cannot be see and
touch. EX: service , patent

Answer / dj

Tangible Assets:
These are definite assets which can be seen,touched and have
Volume such as cash,stock,land,etc.

Intangible Assets:
These are definite assets which cannot be seen,touched and
have no Volume but have value are called intangible
assets.Goodwill,Patents,License and trademarks are examples
of such assets but quite valuable to the undertaking.An
intangible asset may not be Fictitious.

Answer / o.lakshmi prasanna

TANGIBLE ASSETS:It can be see&touch
ex: Building, mechinary,land,cash,factory


INTANGIBLE ASSETS: It connot be see&touch
ex: goodwill, patent,service

After closing the financial year i.e. 31st march., you have received a teliphone bill on dated 1st april ( And the bill was for the month of 1 mar to 31st march i.e closing year's last month)what treatment you will do in current financial year and closing financial year.

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How will draw inferences about the financial health and performance using ratio ?

1 Answers  

Dismissed the watchman after paying him Rs.200 towards his salary.? state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

2 Answers  

Whether the medical bills( both Hospitalization and out- patient)submitted and reimbursed to the service provider has not taken initially as value for the purpose of Service Tax, now demanding retrospectively i.e. from 2009-10 on wards(as Demanded by Service Tax Department). Whether Reimbursement is Service Tax chargeable?. Further, Vehicles were provided to them by the service recipient and the Fuel bills were directly paid to the Petrol bunk by the Service recipient. Is that also Service Tax chargeable?

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You are a science gradute, but why did you come in accounts field?

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What is limit of turnover for registering under CST & limit of Form 'C '

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From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

0 Answers   Ignou,

How will be prepare invoice in tally, please tell me step by step

0 Answers  

How Many Types of Excise Duties?

0 Answers  

what is meant by bills payable?

4 Answers  

wt is stock split, dividends, rights issues,mergers and acquisitions, and spinn offs?

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How do you plan to achieve these goals

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